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Side-by-side financial comparison of Falcon's Beyond Global, Inc. (FBYD) and SOLESENCE, INC. (SLSN). Click either name above to swap in a different company.

SOLESENCE, INC. is the larger business by last-quarter revenue ($12.5M vs $6.6M, roughly 1.9× Falcon's Beyond Global, Inc.). SOLESENCE, INC. runs the higher net margin — 1.3% vs -4.5%, a 5.8% gap on every dollar of revenue. On growth, Falcon's Beyond Global, Inc. posted the faster year-over-year revenue change (383.5% vs -0.7%). Over the past eight quarters, Falcon's Beyond Global, Inc.'s revenue compounded faster (108.4% CAGR vs 12.5%).

500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. 500 Global has $2.3 billion in assets under management (AUM) as of March 2024.

FBYD vs SLSN — Head-to-Head

Bigger by revenue
SLSN
SLSN
1.9× larger
SLSN
$12.5M
$6.6M
FBYD
Growing faster (revenue YoY)
FBYD
FBYD
+384.1% gap
FBYD
383.5%
-0.7%
SLSN
Higher net margin
SLSN
SLSN
5.8% more per $
SLSN
1.3%
-4.5%
FBYD
Faster 2-yr revenue CAGR
FBYD
FBYD
Annualised
FBYD
108.4%
12.5%
SLSN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FBYD
FBYD
SLSN
SLSN
Revenue
$6.6M
$12.5M
Net Profit
$-296.0K
$163.0K
Gross Margin
27.5%
Operating Margin
-30.9%
1.5%
Net Margin
-4.5%
1.3%
Revenue YoY
383.5%
-0.7%
Net Profit YoY
97.5%
129.2%
EPS (diluted)
$-0.01
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FBYD
FBYD
SLSN
SLSN
Q4 25
$6.6M
$12.5M
Q3 25
$4.1M
$14.6M
Q2 25
$2.5M
$20.4M
Q1 25
$1.7M
$14.6M
Q4 24
$1.4M
$12.6M
Q3 24
$2.1M
$16.9M
Q2 24
$1.8M
$13.0M
Q1 24
$1.5M
$9.9M
Net Profit
FBYD
FBYD
SLSN
SLSN
Q4 25
$-296.0K
$163.0K
Q3 25
$-10.4M
$-1.1M
Q2 25
$25.1M
$2.7M
Q1 25
$-8.1M
$80.0K
Q4 24
$-11.9M
$-559.0K
Q3 24
$39.3M
$3.0M
Q2 24
$8.0M
$856.0K
Q1 24
$114.0M
$893.0K
Gross Margin
FBYD
FBYD
SLSN
SLSN
Q4 25
27.5%
Q3 25
23.1%
Q2 25
28.9%
Q1 25
23.1%
Q4 24
22.0%
Q3 24
36.2%
Q2 24
28.7%
Q1 24
36.3%
Operating Margin
FBYD
FBYD
SLSN
SLSN
Q4 25
-30.9%
1.5%
Q3 25
-90.9%
-5.4%
Q2 25
-53.0%
9.4%
Q1 25
-371.1%
1.8%
Q4 24
-335.6%
-1.8%
Q3 24
-118.9%
19.0%
Q2 24
-195.9%
8.0%
Q1 24
-350.5%
11.3%
Net Margin
FBYD
FBYD
SLSN
SLSN
Q4 25
-4.5%
1.3%
Q3 25
-256.8%
-7.7%
Q2 25
985.2%
13.1%
Q1 25
-473.8%
0.5%
Q4 24
-871.7%
-4.4%
Q3 24
1899.5%
18.1%
Q2 24
446.5%
6.6%
Q1 24
7521.4%
9.0%
EPS (diluted)
FBYD
FBYD
SLSN
SLSN
Q4 25
$-0.01
$0.00
Q3 25
$-0.13
$-0.02
Q2 25
$0.30
$0.04
Q1 25
$-0.13
$0.00
Q4 24
$-0.25
$0.00
Q3 24
$0.39
$0.04
Q2 24
$0.00
$0.01
Q1 24
$1.27
$0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FBYD
FBYD
SLSN
SLSN
Cash + ST InvestmentsLiquidity on hand
$1.9M
$1.3M
Total DebtLower is stronger
$15.6M
Stockholders' EquityBook value
$11.9M
$17.6M
Total Assets
$66.7M
$50.1M
Debt / EquityLower = less leverage
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBYD
FBYD
SLSN
SLSN
Q4 25
$1.9M
$1.3M
Q3 25
$4.3M
$429.0K
Q2 25
$26.1M
$4.1M
Q1 25
$1.1M
$1.8M
Q4 24
$825.0K
$1.4M
Q3 24
$828.0K
$2.9M
Q2 24
$1.7M
$2.4M
Q1 24
$1.1M
$2.0M
Total Debt
FBYD
FBYD
SLSN
SLSN
Q4 25
$15.6M
Q3 25
Q2 25
Q1 25
Q4 24
$41.2M
Q3 24
$10.3M
Q2 24
$15.7M
Q1 24
$15.1M
Stockholders' Equity
FBYD
FBYD
SLSN
SLSN
Q4 25
$11.9M
$17.6M
Q3 25
$9.2M
$17.2M
Q2 25
$414.0K
$18.2M
Q1 25
$-11.6M
$15.2M
Q4 24
$-9.0M
$14.9M
Q3 24
$-1.4M
$15.2M
Q2 24
$-44.7M
$11.9M
Q1 24
$-61.7M
$5.0M
Total Assets
FBYD
FBYD
SLSN
SLSN
Q4 25
$66.7M
$50.1M
Q3 25
$66.8M
$54.0M
Q2 25
$89.2M
$60.0M
Q1 25
$56.7M
$57.0M
Q4 24
$61.2M
$50.0M
Q3 24
$66.5M
$48.0M
Q2 24
$65.9M
$40.8M
Q1 24
$67.8M
$38.5M
Debt / Equity
FBYD
FBYD
SLSN
SLSN
Q4 25
1.31×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FBYD
FBYD
SLSN
SLSN
Operating Cash FlowLast quarter
$-4.3M
$1.8M
Free Cash FlowOCF − Capex
$-4.3M
FCF MarginFCF / Revenue
-66.0%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
11.16×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBYD
FBYD
SLSN
SLSN
Q4 25
$-4.3M
$1.8M
Q3 25
$-13.3M
$-2.5M
Q2 25
$-7.9M
$-654.0K
Q1 25
$945.0K
$-7.2M
Q4 24
$-3.8M
$2.2M
Q3 24
$-2.4M
$4.2M
Q2 24
$-2.6M
$-565.0K
Q1 24
$-3.8M
$-3.9M
Free Cash Flow
FBYD
FBYD
SLSN
SLSN
Q4 25
$-4.3M
Q3 25
$-13.4M
Q2 25
Q1 25
$853.0K
Q4 24
$-3.8M
$-404.0K
Q3 24
$-2.4M
$2.8M
Q2 24
$-2.6M
$-1.0M
Q1 24
$-3.8M
$-3.9M
FCF Margin
FBYD
FBYD
SLSN
SLSN
Q4 25
-66.0%
Q3 25
-329.6%
Q2 25
Q1 25
49.9%
Q4 24
-278.7%
-3.2%
Q3 24
-114.9%
16.6%
Q2 24
-145.6%
-8.0%
Q1 24
-248.8%
-39.9%
Capex Intensity
FBYD
FBYD
SLSN
SLSN
Q4 25
0.3%
Q3 25
1.0%
Q2 25
0.0%
Q1 25
5.4%
Q4 24
0.1%
20.6%
Q3 24
0.2%
8.3%
Q2 24
0.1%
3.7%
Q1 24
0.3%
0.9%
Cash Conversion
FBYD
FBYD
SLSN
SLSN
Q4 25
11.16×
Q3 25
Q2 25
-0.31×
-0.25×
Q1 25
-90.26×
Q4 24
Q3 24
-0.06×
1.38×
Q2 24
-0.33×
-0.66×
Q1 24
-0.03×
-4.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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